Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (49061)	9/16/2007 6:28:12 PM
From: tyc:>	Read Replies (1) \| Respond to of 78421

It's a long shot as they haven't been able to interest any JV partner with cash. However, even Tom's WGI traded in the pennies when he was first interested in it. So I'm going to give them the benefit of the doubt of being able to arrange the $110M equity they need this month. If they fail, then perhaps I'll say, "marginal mineral deposits have a long shelf life". Maybe I'll treat it as a long term warrant trading below the strike price of profitability. I believe Harlan Meade was the chief geologist of Western Mines when WMI first discovered and explored the property. It's got to mean something that he has devoted his time to develop it to this stage. (The optimized feasibility study is on file on Sedar dated January 22, '07 if you want to check detail)